Avon, Facebook, Apple are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Avon Products Inc., up $3.51 to $20.79
Fourth-quarter earnings were far better than anyone expected, turning the long-suffering cosmetics company into the biggest gainer on the S&P 500.
Masco Corp., up $2.22 to $20.01
Shares jumped to levels not seen in about five years as the home improvement and building products company rides a wave of recovery in the real estate market.
Cubic Corp., down $3.40 to $45
Transportation-related operating income tumbled 26 percent in the first quarter, defense profits plunged 80 percent, and Benchmark analyst Josephine Millward stripped the company of its "Buy" rating.
Dun & Bradstreet Corp., down $6.60 to $78.68
The credit and business data company posted a 7 percent decline in revenue, deflating the hopes of investors that latched on to what they saw as a company with tremendous growth potential.
StemCells Inc., up 35 cents to $1.99